ERVIKSELVA KRAFT AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

25,64 %

Current Ratio

0,56

Debt-to-Equity Ratio

21,63

Key figures (EUR)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	30 000	−23 000	−18 000	−30 000
Total Assets	3 406 000	5 950 000	2 859 000	817 000
Total Equity	117 000	311 000	13 000	31 000

Income (EUR)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	5 000	30 000	23 000	39 000
Operating Profit	−5 000	−30 000	−23 000	−39 000
Financial Income	32 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	32 000	0	0	0
Earnings Before Tax	27 000	−30 000	−23 000	−38 000
Tax	−3 000	−7 000	−5 000	−8 000
Net Income	30 000	−23 000	−18 000	−30 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	2 978 000	5 289 000	2 698 000	768 000
Total Current Assets	428 000	660 000	161 000	49 000
Total Assets	3 406 000	5 950 000	2 859 000	817 000
Total Retained Equity	23 000	−71 000	−48 000	−30 000
Total Equity	117 000	311 000	13 000	31 000
Total Long-Term Debt	2 531 000	5 298 000	2 654 000	602 000
Total Current Debt	758 000	340 000	192 000	184 000
Total Equity and Debt	3 406 000	5 950 000	2 859 000	817 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	30 000	23 000	39 000
Operating Profit	−5 000	−30 000	−23 000	−39 000
Financial Income	32 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	32 000	0	0	0
Dividends	0	0	0	0
Net Income	30 000	−23 000	−18 000	−30 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
Real Eastate	2 978 000	5 289 000	2 693 000	0
Machinery and Plant Facilities	0	0	0	768 000
Fixtures	0	0	0	0
Total Tangible Assets	2 978 000	5 289 000	2 693 000	768 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 978 000	5 289 000	2 698 000	768 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	224 000	121 000	9 000
Total Current Assets	428 000	660 000	161 000	49 000
Total Assets	3 406 000	5 950 000	2 859 000	817 000
Total Equity	117 000	311 000	13 000	31 000
Short-Term Group Debt	2 000	301 000	180 000	155 000
Total Long-Term Debt	2 531 000	5 298 000	2 654 000	602 000
Creditors	721 000	36 000	0	0
Unpaid Taxes	0	0	10 000	0
Dividends	0	0	0	0
Other Current Debt	34 000	3 000	1 000	30 000
Total Current Debt	758 000	340 000	192 000	184 000
Total Equity and Debt	3 406 000	5 950 000	2 859 000	817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,64 %	−7,4 %	−138,46 %	−96,77 %
Debt-to-Equity Ratio	21,63	17,04	204,15	19,42
Operating Profit Margin	-	-	-	-
Current Ratio	0,56	1,94	0,84	0,27
Quick Ratio	0,56	1,94	0,84	0,27
Equity Ratio	0,03	0,05	0	0,04
Gross Profit Margin	-	-	-	-